Proposal Details

Proposal #174

Passed

Proposal title

Proposal to Create New USDC.grv/USDT.grv Stableswap LP on Crescent DEX and add external incentives

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

90.38%

Proposal #174 description

Why? A stable place to park funds and avoid impermanent loss while earning swap fees and incentives.

What? Proposing that Gravity Bridge community approve the creation of a new USDC.grv/USDT.grv LP on Crescent DEX as discussed in Commonwealth Forum Post

How? Crescent team will create new pool and incentivize it using the 4,000,000 Gravitons (4M GRAV) that were sent to Crescent team controlled multisig gravity1nhwag4qqrw6z56tcl9vt64jue9cywur9ljhspt for incentivizing the SHIB.grv/bCRE LP as per Prop 157, however the SHIB.grv/bCRE LP is not moving forward so the funds need a different allocation.

The incentives will be paid out to liquidity providers over 90 days (44,444 GRAV per day).

Voting

In voting YES for this proposal you approve that GB community request the Crescent DEX team to create a USDC.grv/USDT.grv pool and allocate the incentives that were sent for the SHIB.grv/bCRE LP to the new USDC.grv/USDT.grv LP at Crescent DEX.
Voting NO on this proposal signals that you disagree with the creation of a new USDC.grv/USDT.grv LP and its incentivization.

Author αlphaβiota | LOA Labs

Proposal #174 overview

Total votes

797

Voters

782

Total deposit

40,001 GRAV

Proposal #174 votes

#	Validator	Options
1	🙏 uGaenn ⛅	Yes
2	TC Network (Pls Redelegate)	Yes
3	none	Yes
4	Summit Nodes	Yes
5	Bro_n_Bro	Yes
6	Ubik Capital	Yes
7	pathrocknetwork	Yes
8	Crypto Plant	Yes
9	0base.vc	Yes
10	alpine staking	No
11	Citadel.one	Yes
12	DO-NOT-DELEGATE	Yes
13	MCB \| mcbnode	Yes
14	Winter Validator	Yes
15	IRISnet	Yes
16	Please REDELEGATE	Yes
17	Cosmos Cats 🐈	Yes
18	Teku	Yes
19	TAKESHI	Yes
20	Cros-nest	No
21	[Sunsetting, please redelegate] Forbole	Yes
22	✅ CryptoCrew Validators 🏆 Winner #GameOfChains	Yes
23	Archived validator - Please redelegate away	Yes
24	blockscape	Yes
25	Inter Blockchain Services	Yes
26	Anonstake	Yes
27	Chandra Station	Yes
28	Blockscope 🌱 Slash insurance	Yes
29	blitmore	Abstain
30	testovich	Yes
31	AVIAONE.com 🟢	Yes
32	Oldcat	Yes
33	StakeLab.zone	Yes
34	2xStake.com	Yes
35	CosmoWiz	Yes
36	RandomBits	Yes
37	soma\|staking	Abstain
38	Stakin	Yes
39	Bloclick \| autocompound on restake	Yes
40	Chainnodes	Yes
41	bitszn	Yes
42	Althea_scam	Yes
43	ggwp	Yes
44	A-gaming	Yes
45	polkachu.com	Yes
46	cyberomanov	Yes
47	Tessellated	Yes
48	SHUTTING DOWN SOON. PLEASE REDELEGATE	Yes
49	Swiss Staking	Yes
50	PowerStaking	Yes
51	MZONDER	Yes
52	Lavender.Five Nodes 🐝	Yes
53	Pro-Nodes75	Yes
54	linak	Yes
55	goto5k	Yes
56	Stakewolle.com \| 100% insurance	Yes
57	MMS	Yes
58	Active Nodes	Yes
59	Redelegate	Yes
60	🪐ramuchi.tech🪐	Yes
61	Nodiums	Yes
62	MaxFoton nodes	Yes
63	axcel42-node	Yes
64	[SHUTTING DOWN] AUDIT.one	Yes
65	1ce	Yes
66	👋 79anvi 🍀	Yes
67	PS350	Yes
68	bramz \| CryptoSailors🐬	Yes
69	KingSuper	Yes
70	Architect Nodes	Yes
71	medium	Yes
72	REDELEGATE_PLEASE	Yes
73	wombat	Yes
74	StakeAngle	Yes
75	Stakers	Yes
76	🔥STAVR🔥 REStake ON✅	Yes
77	Cosmostation	Yes
78	cyberG	Yes
79	MEME-Foundation	Yes
80	web34ever	Yes
81	alkadeta	Abstain
82	Midora	Yes
83	OtterSync	Yes
84	redelegate_please	Yes
85	kooltek68	Yes
86	Army IDs	Yes
87	Yurbason	Abstain
88	Cypher Core	Yes
89	unstaked	Yes
90	AlxVoy ⚡ ANODE.TEAM	Yes
91	BigBro	Yes
92	Crypto Lion 🦁	Yes
93	LOALabs	Yes
94	StingRay	Yes
95	agosabe	Yes

View: